SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
GALIN ROBERT F

(Last) (First) (Middle)
1400 SHELBURNE RD
PO BOX 1070

(Street)
SOUTH BURLINGTON VT 05403

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
IDX SYSTEMS CORP [ IDXC ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Executive Vice President
3. Date of Earliest Transaction (Month/Day/Year)
11/18/2004
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/18/2004 M 25,000 A $12.61 25,227 D
Common Stock 11/18/2004 M 25,000 A $12.61 50,227 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Non-Qualified Stock Option (right to buy) $12.61 11/18/2004 M 25,000 12/03/2002 12/03/2011 Common Stock 25,000 $0 25,000 D
Non-Qualified Stock Option (right to buy) $12.61 11/18/2004 M 25,000 12/03/2002 12/03/2011 Common Stock 25,000 $0 0 D
Employee Stock Option (right to buy) $30 (1) 01/05/2007 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $13.625 04/22/1999(2) 04/22/2009 Common Stock 10,000 10,000 D
Non-Qualified Stock Option (right to buy) $15.55 07/02/2002(3) 07/02/2011 Common Stock 35,000 35,000 D
Non-Qualified Stock Option (right to buy) $16.5938 08/25/2001(4) 08/25/2010 Common Stock 8,000 8,000 D
Non-Qualified Stock Option (right to buy) $21.235 09/16/2004(5) 09/16/2013 Common Stock 15,000 15,000 D
Non-Qualified Stock Option (right to buy) $25 12/05/2004(6) 12/05/2013 Common Stock 25,000 25,000 D
Non-Qualified Stock Option (right to buy) $30.4 02/09/2005(7) 02/09/2014 Common Stock 12,500 12,500 D
Non-Qualified Stock Option (right to buy) $30.625 09/06/1997(8) 09/06/2006 Common Stock 49,671 49,671 D
Non-Qualified Stock Option (right to buy) $31.2188 11/24/1998(9) 11/24/2007 Common Stock 7,400 7,400 D
Non-Qualified Stock Option (right to buy) $31.625 12/22/1998(10) 12/22/2007 Common Stock 2,145 2,145 D
Explanation of Responses:
1. Grant to reporting person of option to purchase 20,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 5,000 shares each on January 5, 1997, January 5, 1998, January 5, 1999 and January 5, 2000. The plan pursuant to which the reported option was granted provides for tax withholding rights.
2. Grant to reporting person of option to purchase 20,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 5,000 shares each on April 22, 1999, April 22, 2000, April 22, 2001 and April 22, 2002. The plan pursuant to which the reported option was granted provides for tax withholding rights.
3. Grant to reporting person to purchase 35,000 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 33 1/3 percent increments of 11,667 shares each on July 2, 2002 and July 2, 2003 and 11,666 shares on July 2, 2004. The plan pursuant to which the reported option was granted provides for tax withholding rights.
4. Grant to reporting person of option to purchase 8,000 shares of common stock under IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 2,000 each on August 25, 2001, August 25, 2002, August 25, 2003 and August 25, 2004. The plan pursuant to which the reported person was granted provides for tax withholding rights.
5. Grant to reporting person of option to purchase 15,000 shares of common stock under IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 50 percent increments of 7,500 each on September 16, 2004 and September 16, 2005. The plan pursuant to which the reported option was granted provides for tax withholding rights.
6. Grant to reporting person of option to purchase 25,000 shares of common stock under IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 6,250 each on December 5, 2004, December 5, 2005, December 5, 2006, and December 5, 2007. The plan pursuant to which the reported option was granted provides for tax withholding rights.
7. Grant to reporting person of option to purchase 12,500 shares of common stock under IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 50 percent increments of 6,250 each on February 9, 2005 and February 9, 2006. The plan pursuant to which the reported option was granted provides for tax withholding rights.
8. Grant to reporting person of option to purchase 16,548 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan vesting of which can accelerate in four portions beginning December 31, 1996, if the Company achieves certain specified criteria. The plan pursuant to which the reported option was granted provides for tax withholding rights.
9. Grant to reporting person to purchase 7,400 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 1,850 shares each on November 24, 1998, November 24, 1999, November 24, 2000 and November 24, 2001. The plan pursuant to which the reported option was granted provides for tax withholding rights.
10. Grant to reporting person to purchase 2,145 shares of common stock under the IDX Systems Corporation 1995 Stock Option Plan. The option becomes exercisable in 25 percent increments of 537 shares on December 22, 1998 and 536 shares each on December 22, 1999, December 22, 2000 and Decemnber 22, 2001. The plan pursuant to which the reported options was granted provides for tax withholding rights.
By: Diane L. Brown, Attorney-In-Fact For: Robert F. Galin 11/22/2004
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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